Crypto cashout in Germany, 0% tax,

[CryptoTrader87]

Hello everyone, I’m looking to cash out crypto in Germany, after holding for more than 1 year.

I’d like to pay 0% taxes.

About me:

***Private EU citizen, I have a friend who owns a house in Germany (he is not German, but he's a EU citizen).

Can I receive tax residence if I rent my friend's home? Or do I need to stay in Germany for at least 6 months?


Any help on how to cash out with no taxes in Germany, given my circumstances, would be highly appreciated.

 

[MarkusCostigan]

Let me understand, would your idea be to take up residence in Germany, sell the crypto, and then return to your nice, peaceful country?
Tax residency is a process.
First of all it also depends on your country of residence...

 

[CryptoTrader87]

Yes, that is the plan. I live in Romania. Do you think there's a solution based on my information?

 

[Revoltec]

Im currently in the same situation. Im trying to find out if there is a requirement for someone to be a tax resident of the full holding period of 12 months.

Regarding the 6-month question, that is not true if your only permanent home is in Germany due to the OECD tie-breaker rules. If Romania got a tax treaty with Germany, just make sure the only Permanent home you have during this period is Germany, and even 1 month of staying should be enough as long as there is no requirement for the paragraph above (Im still trying to find out).

Germany got a dwelling based residency so you will be most likely claimed to be a German tax resident from day 1.

Of what Im aware, there is no exit tax for Germany but you need to make sure Romania does not have an exit tax for this situation.

Make sure that you register with the local authorities.

 

[wellington]

In the UK there’s taxes in return from capital gains in so many years before - so best to check that in your own states

 

[CryptoTrader87]

Im currently in the same situation. Im trying to find out if there is a requirement for someone to be a tax resident of the full holding period of 12 months.

Regarding the 6-month question, that is not true if your only permanent home is in Germany due to the OECD tie-breaker rules. If Romania got a tax treaty with Germany, just make sure the only Permanent home you have during this period is Germany, and even 1 month of staying should be enough as long as there is no requirement for the paragraph above (Im still trying to find out).

Germany got a dwelling based residency so you will be most likely claimed to be a German tax resident from day 1.

Of what Im aware, there is no exit tax for Germany but you need to make sure Romania does not have an exit tax for this situation.

Make sure that you register with the local authorities.

Thank you, appreciate it.

 

[csp dubai]

cyprus better idea

 

[manukahoney]

In the UK there’s taxes in return from capital gains in so many years before - so best to check that in your own states

5 years, isn't it?

 

[GrumpyMess]

cyprus better idea

You can't do it on your name and avoid paying a huge personal income tax. There is no exception for crypto in CY

 

[csp dubai]

hm on trading you not pay taxes in cyprus as far as i know

 

[GrumpyMess]

hm on trading you not pay taxes in cyprus as far as i know

Trading stocks but not crypto

 

[Revoltec]

Another reason why Cyprus might be bad is because you are not a tex resident from first day like in Germany due to dwelling based taxation

 

[Researcher]

cyprus better idea

Why? Cyprus doesn't have 0% crypto tax. Germany does

 

[CoinMaster]

Hello everyone, I’m looking to cash out crypto in Germany, after holding for more than 1 year.

I’d like to pay 0% taxes.

About me:

***Private EU citizen, I have a friend who owns a house in Germany (he is not German, but he's a EU citizen).

Can I receive tax residence if I rent my friend's home? Or do I need to stay in Germany for at least 6 months?


Any help on how to cash out with no taxes in Germany, given my circumstances, would be highly appreciated.

Unlock the Gates of Success: Mentor Group Gold!

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www.offshorecorptalk.com

This would have helped you to sort it all nicely out!

 

[clemens]

Unlock the Gates of Success: Mentor Group Gold!

If you see this message it means you need to upgrade your account to Mentor Group Gold to read the content.

www.offshorecorptalk.com

This would have helped you to sort it all nicely out!

really good guide for anyone seek 0% taxation on crypto in Germany!

 

[Revoltec]

One thing that kept me away from Germany is that by national law it is not clear what the definition of a 'permanent home' is in case you do not work in Germany (in case you do have a job, the general guideline is 3 months physical presence), which can be a problem for tax treaties. In order to be sure, please spend at least 6 months there and do not have any permanent home or habitual abode in any other country.

 

[daniels27]

One thing that kept me away from Germany is that by national law it is not clear what the definition of a 'permanent home' is in case you do not work in Germany (in case you do have a job, the general guideline is 3 months physical presence), which can be a problem for tax treaties. In order to be sure, please spend at least 6 months there and do not have any permanent home or habitual abode in any other country.

There was once the case of Boris Becker with his sister's home in München to which he had a key while he was officially living in Monaco.

Prozessbeginn: Boris Becker wegen Steuerhinterziehung vor Gericht

Ex-Tennisstar Boris Becker muss sich von heute an vor dem Landgericht München I wegen des Vorwurfs der Steuerhinterziehung verantworten. Er war Anfang der Neunziger im Steuerparadies Monaco gemeldet, soll aber hauptsächlich in München gelebt haben.

www.spiegel.de

German tax authorities are among the hardest on this planet. If you are German or have family, better not stay in Germany. If you are a perpetual traveller and also stay 2 months in Berlin during your world trip, you probably won't have to worry much. Even if you are involved in outright criminal activities, by the time the police finds out, you will be gone.